SEC Charges Former Fannie, Freddie Executives With Fraud Over Risky Mortgages

Friday, December 16, 2011 SEC Charges Former Fannie, Freddie Executives With Fraud Over Risky Mortgages The Securities and Exchange Commission sued six former Fannie Mae and Freddie Mac executives on Friday for misleading the public about the mortgage giants' exposure to risky subprime mortgages as the housing bubble deflated. FEAR & FORECLOSURE Banks At A Tipping Point, Heading For Decline LIVE UPDATES: After Resolution, A Flood Of Bad News Out Of Europe Walmart's News Wire Reveals Tactic That Could Spell Trouble Firm That Extracted Billions From BofA Sets Its Sights On JPMorgan BLOG POSTS Bob Burnett: 2011: The Year Corporations Attacked Democracy For eighty years, Americans have feared robots, worrying they might one day rule the world. In 2011 we realized our real enemies are not robots, but multinational corporations, who have declared war on democracy. Sen. Bernie Sanders: America Must Not Back Down on Sustainable Energy It is time to put in place stable, long-term policies to support these critical industries. Rather than fight to turn one energy company's demise into partisan points, it is time to point the way towards our energy future -- so that all Americans win. Bruce Judson: Restoring Capitalism: How the Banks Cripple SEC Enforcement Why has the SEC apparently pursued such minimal settlements? The answers are surprising in that they reflect a wide discrepancy of views. Eric Simpson: The Polarities of an Occupying Ethos An occupation of diversity and of transformation is an occupation and a vocation for which we are born, which is to be in communion with all things and each other through love. Ron Ashkenas: Use Office Politics to Your Advantage It's easy to use office politics as an excuse for a lack of achievement or an outlet for your frustration. But it may be a lot more effective to use politics as a way to get things done.

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